NSE announces list of 323 securities subject to Reversal Trade Mechanism (RTCM) effective February 2026.
Impact
Medium
Severity
Medium
Justification
RTCM is a surveillance measure affecting 323 securities with enhanced monitoring and potential trading reversals to manage market risk and protect investors from abnormal price movements.
24 companies identified as non-compliant with financial results submission requirements will continue trading in Z Category (BZ/SZ Series) on trade-for-trade basis effective January 27, 2026.
Impact
High
Severity
High
Justification
High severity action affecting 24 companies for failing to submit financial results for two consecutive quarters. Trading restrictions imposed through Z Category classification with trade-for-trade settlement, significantly impacting liquidity and investor access.
BSE announces transfer of 30 scrips to 'Z'/'MT' group effective December 12, 2025, due to non-compliance with annual report filing requirements for FY 2024 and FY 2025.
Impact
High
Severity
High
Justification
High severity due to trading restrictions on 30 companies for persistent regulatory non-compliance. These scrips will trade on Trade-for-Trade basis with no intraday trading, significantly impacting liquidity and investor participation.
NSE circular listing 324 securities subject to Reversal Trade Cancellation Mechanism (RTCM) for November 2025, a surveillance measure to prevent price manipulation.
Impact
High
Severity
Medium
Justification
RTCM is a critical surveillance mechanism affecting 324 securities, enabling NSE to cancel erroneous or manipulative trades. High impact on trading operations and investor protection, though routine monthly update.
NSE circular regarding shifting of securities to Z Category for companies non-compliant with Regulation 33 (submission of financial results) for two consecutive quarters.
Impact
High
Severity
High
Justification
Affects trading category of multiple companies, restricting liquidity through trade-for-trade settlement, impacting investor ability to trade these securities.
NSE updates surveillance measures for companies under Insolvency and Bankruptcy Code, affecting 7 securities in Stage I and multiple companies under corporate announcement monitoring.
Impact
Medium
Severity
Medium
Justification
Affects trading conditions for multiple securities under IBC proceedings with staged surveillance measures
NSE implements Additional Surveillance Measure for companies under Insolvency and Bankruptcy Code, adding one security and excluding one security from surveillance.
Impact
Medium
Severity
Medium
Justification
Routine surveillance measure affecting specific securities under IBC framework with limited market impact